The key to SoA success

David Greenslade | Strategi | 22 January 2012

The Financial Markets Authority's AFA Monitoring Report released prior to Christmas makes interesting reading. The findings, based on 28 visits and 60 client files during the period July to September 2012, support Strategi's conclusion after our review of over 500 client files in the previous 12 months - that is, that financial advisers and Authorised Financial Advisers in particular, need to do a better job with Statements of Advice.

The FMA makes a "suggestion" usin...